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Discount rate loans from Nottingham

Nottingham Building Society is launching a range of two, three and five year discount rate mortgages.

Loans start from 3.63 per cent for its two year discounted loan and increase to a maximum 4.18 per cent for its five year product, depending on loan to value.

Its standard variable rate is currently 5.59 per cent. All have an arrangement fee of £295 – although there is an alternative range with no fee and higher rates – and come with a free valuation for properties under £250,000.

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